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Côte d’Ivoire launches Lobo gold mine expected to generate $259m in proceeds

Australian gold explorer and developer company Tietto Minerals has inaugurated a gold mine in Côte d’Ivoire for a total investment of $278 million. The mine is expected to generate $259 million revenues for the Ivorian State, ‘Sika Finance’ reports. The mine dubbed Lobo is named after the river housing it. It is situated in Daloa […]

Morocco – Israel military cooperation on fast track

Israel’s army chief Aviv Kohavi, who arrived Monday in Rabat on a three-day working visit, was received Tuesday at the HQ of the Royal Moroccan Armed Forces (FAR) by Lt. General Belkhir El Farouk, Inspector General of the FAR, announced Israel Defense Forces (IDF) on twitter. During his visit, the Israeli Chief of the General […]

Oil-drilling vessel capsizes in Gulf of Suez, leaving four dead and four missing

At least four crew members have been confirmed dead and four others remain missing after an oil-drilling ship capsized on Tuesday evening off the coast of Ras Ghareb in Egypt’s Gulf of Suez. The vessel, which had 30 workers aboard, overturned near Gabel el-Zeit, a key oil production hub roughly 300 kilometres south of the […]